Controller, RBMC Site

Full job description
Overview:
Our team members are the heart of what makes us better.

At Hackensack Meridian Health we help our patients live better, healthier lives — and we help one another to succeed. With a culture rooted in connection and collaboration, our employees are team members. Here, competitive benefits are just the beginning. It’s also about how we support one another and how we show up for our community.

Together, we keep getting better - advancing our mission to transform healthcare and serve as a leader of positive change.

The Site Controller at RBMC is a corporate position within the Finance Department of Hackensack Meridian Health (HMH). This position will provide high-level support to the hospital campus leadership team - President, COO, CNO, etc. - relative to financial operations including but not limited to, budgets, monitoring monthly financial performance, financial planning for campus projects, etc.
Responsibilities:
A day in the life of a Site Controller at RBMC at Hackensack Meridian Health includes:
Directs the development of operating budgets. Reviews current expense trends, research budget discrepancies and anticipates new expenditures. Reviews departmental budgets with on-site department directors/managers. Coordinates budget education sessions, analyzes and validates budget assumptions. Submits draft budgets to Corporate Finance Team to be loaded into budget system.
Prepares detailed financial analysis and trend reports including FTE, supplies expense and statistical data to support strategic goals and targets set by Network Leadership and Corporate Finance Team.
Supports on-site executive leadership in completing forecasts of Physician Volume providing detailed analysis by Physician, Physician Specialty and Practice including current and prior year hospital activity.
Participates in all executive leadership and operations meetings on-site.
Participates in following internal committees, such as FTE/Position Control Committee, Capital Committee, Chair's Volume Committee, and Executive Strategy Team meetings.
For monthly financial close process at each hospital campus, researches revenue and expense variances and provides guidance related to areas of strength and weakness to the Corporate Finance Team.
Prepares and provides to the President, Hospital Operations (COO) on a monthly basis a package/report that includes detailed financial, statistical, productivity, patient experience and quality information.
Tracks and works with on-site executive leadership team to monitor and release Foundation funds for projects/initiatives around the campus based on donor intent, in accordance with accounting standards.
Directs the preparation of annual operating and capital budgets for assigned hospital campus(es). Develops budgets based upon financial performance measures. Reviews the performance results of the individual operating units. Reinforces positive results and continually strives towards performance improvement.
Provides information and/or coordination, where necessary, for the campus, relative to tax returns, construction projects, annual statistics for marketing materials, surveys, and other lists, support for annual external audits, liaison for annual or periodic inventories, and research projects.
Initiates project work with Corporate Finance Team related to other projects, including leading due diligence, development of feasibility studies, valuation, financial disclosures, and other related duties as assigned.
Directs and disseminates financial reports within the organization to aid corporate decision making and strategic planning. Ensures reports reflect accurate and up-to-date information and are distributed on a timely basis. Acts as a liaison for on-site staff and provides support for systems conversions, upgrades, etc.
Acts as a liaison for on-site staff to educate and ensure staff understand Network-wide and Hospital-site policies.
Conducts financial planning and analysis to interpret trends, variances from budgets, and variances from standards and provides advice and counsel to staff consistent with established financial policy. Makes recommendations based on these analysis.
Develops and monitors internal control systems to safeguard assets.
Assures the absolute financial integrity of hospital¿s financial reporting data.
Actively participates in development of financial and statistical reports/charts/graphs/analysis within Network business intelligence reporting system.
Assumes an active role in analyzing and exploring means of reducing hospital operating costs and increasing revenues based on knowledge of market trends, financial reports and operating procedures.
Works with hospital leadership in the development of short and long range planning objectives. Provides leadership and professional skills to ensure financial plans meet desired objectives.
Manages and assigns information requests and oversees interactions with corporate internal audit staff.
Other duties and/or projects as assigned.
Adheres to HMH's Organizational and Managerial competencies and standards of behavior.
Qualifications:
Education, Knowledge, Skills and Abilities Required:
Bachelor's Degree in Accounting or Finance.
A minimum of 5 or more years of management experience in finance, planning, or directly related activities in the healthcare industry.
A minimum of 5 years of experience within general accounting and/or finance.
Education, Knowledge, Skills and Abilities Preferred:
MBA or CPA preferred.
If you feel that the above description speaks directly to your strengths and capabilities, then please apply today
Starting Minimum Rate: Starting at $171,891.20 Annually Job Posting Disclosure: HMH is committed to pay equity and transparency for our team members. The posted rate of pay in this job posting is a reasonable good faith estimate of the minimum base pay for this role at the time of posting in accordance with the New Jersey Pay Transparency Act and does not reflect the full value of our market-competitive total rewards package. The starting rate of pay is provided for informational purposes only and is not a guarantee of a specific offer. Posted hourly rates may be stated as an annual salary in the offer and posted annual salaries may be stated as an hourly rate in the offer, depending on the level and nature of the job duties and credentials of the candidate. The base compensation determined at the time of the offer may be different than the posted rate of pay based on a number of non-discriminatory factors, including but not limited to: Labor Market Data: Compensation is benchmarked against market data to ensure competitiveness. Experience: Years of relevant work experience. Education and Certifications: Level of education attained, including specialized certifications, credentials, completed apprenticeship programs or advanced training. Skills: Demonstrated proficiency in relevant skills and competencies. Geographic Location: Cost of living and market rates for the specific location. Internal Equity: Compensation is determined in a manner consistent with compensation ranges for similar roles within the organization. Budget and Grant Funding: Departmental budgets and any grant funding associated with the job position may impact the pay that can be offered. Some jobs may also be eligible for performance-based incentives, bonuses, or commissions not reflected in the starting rate. Certain positions may also be eligible for shift differentials for work performed on evening, night, or weekend shifts. In addition to our compensation for full-time and part-time (20+ hours/week) job positions, HMH offers a comprehensive benefits package, including health, dental, vision, paid leave, tuition reimbursement, and retirement benefits. Read more